Optica Rare Earths Etf Price History
CRIT Etf | USD 18.05 0.07 0.39% |
If you're considering investing in Optica Etf, it is important to understand the factors that can impact its price. As of today, the current price of Optica Rare stands at 18.05, as last reported on the 29th of November, with the highest price reaching 18.14 and the lowest price hitting 18.05 during the day. Optica Rare appears to be not too volatile, given 3 months investment horizon. Optica Rare Earths maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Optica Rare Earths, which you can use to evaluate the volatility of the etf. Please evaluate Optica Rare's Semi Deviation of 1.87, coefficient of variation of 3574.12, and Risk Adjusted Performance of 0.0277 to confirm if our risk estimates are consistent with your expectations.
Optica Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Optica |
Sharpe Ratio = 0.1027
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Optica Rare is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Optica Rare by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 13.3 K |
Optica Rare Etf Price History Chart
There are several ways to analyze Optica Rare Earths Etf price data. The simplest method is using a basic Optica candlestick price chart, which shows Optica Rare price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 7, 2024 | 19.81 |
Lowest Price | September 6, 2024 | 15.53 |
Optica Rare November 29, 2024 Etf Price Synopsis
Various analyses of Optica Rare's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Optica Etf. It can be used to describe the percentage change in the price of Optica Rare from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Optica Etf.Optica Rare Price Rate Of Daily Change | 1.00 | |
Optica Rare Price Action Indicator | (0.01) | |
Optica Rare Price Daily Balance Of Power | 0.78 |
Optica Rare November 29, 2024 Etf Price Analysis
Optica Etf Price History Data
The price series of Optica Rare for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 4.28 with a coefficient of variation of 6.39. The prices are distributed with arithmetic mean of 18.25. The median price for the last 90 days is 18.59.Open | High | Low | Close | Volume | ||
11/29/2024 | 18.14 | 18.14 | 18.05 | 18.05 | ||
11/27/2024 | 18.14 | 18.14 | 18.05 | 18.05 | 300.00 | |
11/26/2024 | 17.98 | 17.98 | 17.98 | 17.98 | 214.00 | |
11/25/2024 | 18.25 | 18.27 | 18.25 | 18.27 | 159.00 | |
11/22/2024 | 18.24 | 18.28 | 18.24 | 18.28 | 503.00 | |
11/21/2024 | 18.36 | 18.37 | 18.35 | 18.36 | 973.00 | |
11/20/2024 | 18.34 | 18.39 | 18.29 | 18.29 | 972.00 | |
11/19/2024 | 18.33 | 18.38 | 18.33 | 18.36 | 283.00 | |
11/18/2024 | 18.14 | 18.14 | 18.14 | 18.14 | 148.00 | |
11/15/2024 | 17.79 | 17.79 | 17.63 | 17.71 | 1,400 | |
11/14/2024 | 17.80 | 17.84 | 17.72 | 17.72 | 2,178 | |
11/13/2024 | 18.01 | 18.01 | 17.86 | 17.86 | 954.00 | |
11/12/2024 | 17.88 | 18.06 | 17.88 | 18.06 | 3,200 | |
11/11/2024 | 18.46 | 18.47 | 18.43 | 18.47 | 600.00 | |
11/08/2024 | 19.02 | 19.02 | 18.69 | 18.73 | 1,700 | |
11/07/2024 | 19.36 | 19.52 | 19.36 | 19.52 | 1,405 | |
11/06/2024 | 18.57 | 18.80 | 18.29 | 18.80 | 5,209 | |
11/05/2024 | 19.05 | 19.05 | 19.03 | 19.03 | 270.00 | |
11/04/2024 | 18.74 | 18.74 | 18.66 | 18.66 | 772.00 | |
11/01/2024 | 18.72 | 18.81 | 18.62 | 18.62 | 1,200 | |
10/31/2024 | 18.49 | 18.49 | 18.49 | 18.49 | 97.00 | |
10/30/2024 | 18.82 | 18.84 | 18.73 | 18.73 | 900.00 | |
10/29/2024 | 19.12 | 19.12 | 18.98 | 19.00 | 900.00 | |
10/28/2024 | 19.08 | 19.17 | 19.08 | 19.17 | 900.00 | |
10/25/2024 | 18.99 | 19.00 | 18.89 | 18.90 | 1,602 | |
10/24/2024 | 18.92 | 18.98 | 18.86 | 18.96 | 1,100 | |
10/23/2024 | 19.00 | 19.00 | 18.88 | 18.88 | 891.00 | |
10/22/2024 | 19.31 | 19.32 | 19.12 | 19.32 | 1,728 | |
10/21/2024 | 19.13 | 19.13 | 19.13 | 19.13 | 175.00 | |
10/18/2024 | 19.38 | 19.38 | 19.37 | 19.37 | 280.00 | |
10/17/2024 | 19.18 | 19.18 | 19.09 | 19.09 | 866.00 | |
10/16/2024 | 19.14 | 19.26 | 19.14 | 19.24 | 823.00 | |
10/15/2024 | 19.03 | 19.04 | 18.97 | 18.97 | 828.00 | |
10/14/2024 | 19.36 | 19.51 | 19.36 | 19.51 | 600.00 | |
10/11/2024 | 19.63 | 19.67 | 19.59 | 19.59 | 393.00 | |
10/10/2024 | 19.32 | 19.37 | 19.32 | 19.37 | 501.00 | |
10/09/2024 | 19.00 | 19.27 | 18.97 | 19.17 | 1,724 | |
10/08/2024 | 19.26 | 19.26 | 19.05 | 19.17 | 3,634 | |
10/07/2024 | 19.84 | 19.90 | 19.81 | 19.81 | 1,400 | |
10/04/2024 | 19.73 | 19.73 | 19.68 | 19.73 | 515.00 | |
10/03/2024 | 19.49 | 19.56 | 19.35 | 19.37 | 6,480 | |
10/02/2024 | 19.84 | 19.89 | 19.77 | 19.77 | 1,023 | |
10/01/2024 | 19.44 | 19.65 | 19.44 | 19.59 | 1,050 | |
09/30/2024 | 19.48 | 19.48 | 19.27 | 19.27 | 2,662 | |
09/27/2024 | 19.63 | 19.65 | 19.63 | 19.65 | 460.00 | |
09/26/2024 | 19.36 | 19.58 | 19.36 | 19.50 | 1,338 | |
09/25/2024 | 18.74 | 18.76 | 18.55 | 18.59 | 1,175 | |
09/24/2024 | 18.38 | 18.79 | 18.38 | 18.79 | 24,313 | |
09/23/2024 | 17.57 | 17.76 | 17.57 | 17.69 | 900.00 | |
09/20/2024 | 17.43 | 17.43 | 17.43 | 17.43 | 126.00 | |
09/19/2024 | 17.70 | 17.70 | 17.51 | 17.59 | 1,100 | |
09/18/2024 | 17.10 | 17.25 | 16.99 | 17.00 | 1,158 | |
09/17/2024 | 17.04 | 17.04 | 17.04 | 17.04 | 110.00 | |
09/16/2024 | 16.99 | 16.99 | 16.99 | 16.99 | 120.00 | |
09/13/2024 | 16.81 | 16.81 | 16.81 | 16.81 | 44.00 | |
09/12/2024 | 16.54 | 16.58 | 16.54 | 16.58 | 319.00 | |
09/11/2024 | 15.96 | 16.15 | 15.96 | 16.15 | 201.00 | |
09/10/2024 | 15.56 | 15.56 | 15.56 | 15.56 | 71.00 | |
09/09/2024 | 15.75 | 15.75 | 15.60 | 15.64 | 10,206 | |
09/06/2024 | 16.00 | 16.00 | 15.45 | 15.53 | 845.00 | |
09/05/2024 | 16.14 | 16.14 | 16.05 | 16.05 | 746.00 |
About Optica Rare Etf history
Optica Rare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Optica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Optica Rare Earths will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Optica Rare stock prices may prove useful in developing a viable investing in Optica Rare
The index is comprised of companies that generate at least 50 percent of their revenue from Rare Earths and Critical Materials Companies or engage in projects that have the potential, when developed, to generate 50 percent of revenue from Rare Earths and Critical Materials Companies. Optica Rare is traded on NYSEARCA Exchange in the United States.
Optica Rare Etf Technical Analysis
Optica Rare technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
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Optica Rare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optica Rare's price direction in advance. Along with the technical and fundamental analysis of Optica Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Optica to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0277 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0535 |
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Pattern Recognition | ||
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Optica Rare Earths. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Optica Rare Earths is measured differently than its book value, which is the value of Optica that is recorded on the company's balance sheet. Investors also form their own opinion of Optica Rare's value that differs from its market value or its book value, called intrinsic value, which is Optica Rare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Optica Rare's market value can be influenced by many factors that don't directly affect Optica Rare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Optica Rare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optica Rare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optica Rare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.